Business Segments Home >> Business Segments >> Gas
Gas Turnover
of the MVV Energie Group1
kWh million 2003/2004   2002/2003   % Vorjahr
Secondary distributors 2,739   2,387   +15
Business customers2 2,720   2,991   -9
Private customers2 3,186   2,818   +13
  8,645   8,196   +5
 
1 excluding gas turnover in value-added services segment
2 volume corrections in previous year

In terms of its sales, the gas business is our second largest segment. Following the liberalisation of the gas market, the competition for large customers has taken off. This particularly applies to the construction of direct pipelines by competitors. In spite of the difficult market climate, our sales increased by Euro 23 million (+10%) on the previous year to reach Euro 263 million. The bulk of this increase is attributable to the initial consolidation of Stadtwerke Kiel, which generated sales of Euro 17 million during the period of May to September 2004, traditionally a time of year marked by low consumption volumes. Apart from this external growth, the sales growth is a result of volume and price increases at MVV Energie AG and at its Solingen and Ingolstadt shareholdings. Of the overall sales, 59% (previous year: 63%) related to MVV Energie AG and 41% (previous year: 37%) to our five municipal utility company shareholdings (including Kiel and Köthen).